Eku Energy's 30-MW Battery Project Powers Up Japan

Apr 25, 2024 01:17 PM ET
  • Eku Energy partners with Tokyo Gas for a cutting-edge energy storage project in Japan, set to power thousands of homes for hours on end.
Eku Energy's 30-MW Battery Project Powers Up Japan

Eku Energy, the UK battery platform of Macquarie’s Green Investment Group, has announced plans for a 30 MW/120 MWh energy storage project in Miyazaki Prefecture, Japan. The Hirohara battery energy storage system will be operated under a 20-year offtake contract with Tokyo Gas Co Ltd, with Eku Energy as the owner and Tokyo Gas holding the operating rights.

Construction of the facility is set to begin in the second half of this year, with commercial operations expected to start in July 2026. The BESS will have the capacity to supply electricity to approximately 63,000 homes for four hours. MUFG Bank is providing debt financing for the project, which is part of Eku Energy's expansion into the Japanese market, taking advantage of the country's favorable regulatory policies for battery storage development.

What are the details of Eku Energy's 30 MW energy storage project in Japan?

  • Eku Energy, the UK battery platform of Macquarie’s Green Investment Group, is planning a 30 MW/120 MWh energy storage project in Miyazaki Prefecture, Japan.
  • The project, named the Hirohara battery energy storage system, will be operated under a 20-year offtake contract with Tokyo Gas Co Ltd.
  • Eku Energy will be the owner of the facility, while Tokyo Gas will hold the operating rights.
  • Construction of the energy storage project is scheduled to begin in the second half of this year, with commercial operations expected to commence in July 2026.
  • The BESS will have the capacity to supply electricity to approximately 63,000 homes for four hours.
  • MUFG Bank is providing debt financing for the project, supporting Eku Energy's expansion into the Japanese market.
  • Eku Energy is taking advantage of Japan's favorable regulatory policies for battery storage development to establish a presence in the country.



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